XRP in US Reserve: A Diverse Crypto Future?

Ripple CEO, Brad Garlinghouse, proposed a future where XRP could become a U.S. strategic reserve asset, arguing for a multichain universe over the prevailing maximalist narrative that only one cryptocurrency will reign supreme. Discussing with former president Donald Trump, Garlinghouse advocated for a diverse and collaborative crypto ecosystem rather than a zero-sum game.

In the ongoing discourse on digital asset reserves, Garlinghouse emphasized the need to work together. “The crypto industry has a real shot […] IF we work together instead of tearing each other down,” he commented, highlighting that “the future of cryptocurrency is diversified.”

Moreover, Garlinghouse clarified that his stance wasn’t an attempt to hurt Bitcoin, but rather a call for inclusion in a wider digital currency landscape. He owns a variety of digital assets, including BTC and ETH. Garlinghouse’s criticism of maximalism echoes across the cryptoindustry, and he is heartened by the decrease in supporters of this viewpoint.

The Ripple CEO’s stance resonates amidst growing tension between Bitcoin proponents and holders of other cryptocurrencies. As the narrative unfolds, the debate on a national digital reserve remains heated, with proponents of various tokens pushing for their inclusion based on their merits. Garlinghouse’s comments not only underline his commitment to a multi-cryptocurrency future but also reflect the industry’s evolving attitudes towards collaboration.

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2025-01-29 12:22